Since the withdrawal fees from exchanges are pretty much constant, it completely depends on the exchange. Most of the exchanges charge a quite high withdrawal fee though, so even though that fees right now are significantly lower, expect to probably pay a few dollars for the withdrawal fee. As of now, Binance demands 0.0005 BTC for their withdrawals.

Yes, it's worth to keep your bitcoin on a safer wallet which you have full control.

Don't worry about the fees, its lesser than 50 cents today, I've seen one paid as low as $0.01 for wallet to wallet transfer. Like mjglqw said, that depends on the required and suggested fee by that exchange.

Made a $200 purchase last week. Fee was 10 cents, this was the default fee from BRD wallet. 1st confirmation was in about 15 minutes

Quite low, plus we have the option with lightning for 1 satoshi transaction fees

IIRC the fees last year was indeed high due to the congestion on the blckchain but it's still small compared to the amount you can loose if ever something happened to your bitcoin on your exchange. It was like around 2-5 $.

You are correct that the txn price is now smaller. If you need help in calculating the amount of fees you wilk spend please check out these following transaction fee calculator:

https://www.buybitcoinworldwide.com/fee-calculator/
https://bitcoinfees.earn.com
https://bitcoinfees.info

You can choose to spend as little as possible and wait for an hour or spend a bit more for a faster confirmation.

when you make a withdrawal from a website (in this case withdrawing from localbitcoins.com) the  cost is not a bitcoin transaction cost the cost is that third party withdrawal cost. and they can ask for any amount they wish regardless of how much it costs them to send you the transaction. there  currently are exchanges that will charge you 0.001BTC for a bitcoin withdrawal just because they can and then they pay 0.000002BTC transaction fee themselves to send you the coins. the difference is their profit.

it depends on the exchange you are using, you have to check out their fees. the fee as I mentioned above is not a network fee. some exchanges are even charging a % of your amount. I remember it was btc-x (coinsbank) that charged about 1%. for instance if you wanted to withdraw 10BTC you should have paid 0.1BTC in fee!

Yes it was an ill advised not to trust exchanges for safekeeping on your bitcoin. But during that time fees are high and confirmation time is so slow. So its about time to transfer it to a wallet which you have total control of fees.


Transaction cost are lower this days because most trading platform now implement Segwit and they are batching their transactions so not to clog bitcoin network. You didn't tell us what exchange you put your .064BTC. If you want to know how much they gonna charge, read their FAQ or TOS. Somewhere along the line you will see how much they charge. Maybe you can check this out, List Of The Lowest Cryptocurrency Exchange Trading Fees [Updated].

The number of Bitcoin transactions is far below that time. There were a lot of transactions waiting at that time. The higher the demand, the higher the price. There are currently no pending transactions to be tried.

Well, transaction fees are really low recent days. Even if you want to make priority transaction, it will only cost you some cents. Just remember fees that we had last year - you had to spend $10-20 for transaction and wait from several hours to several days to get confirmations. Now Bitcoin transactions are cheap and fast.
I don't know how much it costs to withdraw money from Localbitcoins because I'm not using it, but according to this link https://localbitcoins.com/fees their fees are dynamical and based on current network status. So, I predict that you wont be charged big withdrawal fee.
While withdrawals from some other exchanges are still quite expensive, some of them charge 0.001 BTC fee. Probably they still didn't lowered fees because they don't want to be used as Bitcoin wallets.